Downsizing

Downsizing for an employer refers to a lowering of the number of employees, typically because of a reduction in profits or a reorganisation.

Downsizing inevitably involves making redundancies, with occur when an employer is ceasing to carry on with work for which the employee was employed, or is ceasing to carry on with work in the place where the employee is employed.

HR has gone through a number of image overhauls over the years, but how much has it really changed? Five HR professionals who started out in each decade from the 1960s to the Noughties reveal how it was for them.